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top technology companies, are asking us to preserve education and r&d, which is the bedrock of innovation and competitiveness. and this week, even the u.s. chamber of commerce said it was opened to a compromise that included revenue. these are the constructive voices i hope my colleagues listen to as we approach negotiations on the fiscal cliff. politics is the art of compromise, and working together we can reduce our nation's deficit and preserve strategic investments in those programs that fuel economic growth and competitiveness. even in the midst of the civil war, president lincoln and the 38th congress authorized the transcontinental railroad, the homestead act and the land grant college and university system. they understood we had to invest in the future while also dealing with the crisis of the present. no doubt we all have something to lose if we do not succeed. so perhaps by each of us giving a little we can revive this economic recovery, restore faith in our ability to govern responsible low and deliver on that mandate we just got last week from the voters. i yiel
that businesses are looking for right now. keeping this country at the forefront of research, technology, and clean energy, putting people back to work rebuilding roads, bridges and schools and reducing our deficit in a balanced and responsible way. on this last item, we face a very clear deadline. that requires us to make some big decisions on jobs, taxes, and deficits by the end of the year. both parties voted to set this deadline. and i believe that both parties can work together to make these decisions in a balanced and responsible way. to meet with labor and civic leaders for their input. today i meet with c.e.o.'s of some of america's largest companies. and i'll meet with leaders of both party of congress before the week is out because there's only one way to solve the channels and that is to do it together. as i've said before, i'm open to compromise and i'm hope to new ideas. and i've been encouraged over the last week to hear republican after republican agree on the need for more revenue from the wealthiest americans as part of our arithmetic if we're serious about reducing the
for assistance, for r and d, science and technology. there is a whole panoply of means by which we will rebalance. ships are important, but there is so much more as we look forward to the future, and we need to requirements of our shuja guidance in this regard. having laid that out, i commend that to you as our future, and how we see things today. as we prepare a budget for the fiscal year 2014, it is to support this very effort i mentioned to you. we are on track and prepare to meet our national security commitment in this regard, and the defense strategic guidance. that you very much, and i look forward to your questions. [applause] >> or article speaks about balancing the force. how international ladies played into your strategy? >> the international ladies played into the strategy of my mission, and by the alliance is that we have had. let me speak to the alliance. i spoke to the western pacific. the japanese maritime self- defense force plays -- we cooperate with them to share what we call long-range search and track mission there in the western pacific. what the navies of the republic of ko
it comes to the technology that they were using to try to evade the surveillance state that they built. it's amazing. >> the other thing i find amazing is i remember going through the u.s. treasury in the height of the financial crisis, and back then, you had officials who were scribbling down important facts and figures on scrap paper because that was one of the few things they were able to legally throw away and get rid of. and if you go around other branches of the u.s. government today, people are intensely aware of the risks of e-mails being kept. if you go and talk to private sector banks, nobody working on a bank trading floor these days can possibly not be aware of the risks of tracking thoughts and e-mails. and yet somehow the military just seems not to have noticed this. it is very, very striking. >> there's one other dedataidei this "journal" story, kelley had second thoughts. and people said they made the request, quote, she was worried about the personal information being provided to investigators. >> like the diplomatic license plates. >> talk about the horse after it's left
technology boom, the creation of private credit, and rapid increase in tax revenues. stephanie showed us something that was not a forecast at the time. those who were there in 2000 remember that the secretary of the treasury at the time and the chairman of the federal reserve were talking about a 13-year horizon for the complete elimination of the public debt. there was no forecast that the technology boom would come to an end, but it did. from 2000 onward, we were back into a more normal position of the government running substantial deficits as the private sector rebuild its financial position. that is the first point. long-term forecasts, the idea that one can control the future position of the debt and deficit by actions taken today, is an extremely tenuous and debatable idea. the second point is that there are certain assumptions being made which create extremely scary scenarios. those numbers that were shown -- in stephanie's presentation, the expectation that public debt would rise close to 200% of gdp by 2005. what is that based on? two important assumptions drive these projectio
Search Results 0 to 10 of about 11 (some duplicates have been removed)

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